Lululemon Athletica (LULU) experienced a surge in Q4, with optimistic revisions in earning estimates and a raised price target. However, the company's stock saw a slight 4.5% dip. Numerous firms including Mcrae Capital Management, Vontobel Holding, and Stratos Wealth Advisors reduced their stakes in Lululemon, while other firms such as Quotient Wealth Partners, Bristlecone Advisors, and Sovran Advisors LLC showed increased interest by buying new positions. Despite fluctuations in company shares, LULU is still recognized as a top luxury clothing stock. The retailer's strong international growth sits as a major Q3 highlight. Investors are advised to keep an eye on the company due to positive forecast from Oppenheimer for LULU's stock price appreciation. LULU's remarkable EPS growth presents a worthwhile investment opportunity. The company continues to trend positively, boosted by robust earnings and improved full-year outlook. Analysts bear a generally bullish sentiment towards LULU. In contrast, the company also faces investigation concerning possible securities fraud, prompting investors to evaluate the company's financial health and high P/E ratio.
Lululemon Athletica LULU News Analytics from Fri, 27 Sep 2024 07:00:00 GMT to Sat, 15 Feb 2025 18:49:59 GMT -
Rating 2
- Innovation 3
- Information 5
- Rumor 6
